Estimating Ransom Williams’ Purchasing Power |
Archeological evidence from the farmstead, including findings of charred corn kernels and a corn-shelling tool, indicates that the family used some of the corn they grew. However, most other farmers in the area produced some amount of surplus corn for sale as a cash crop, and Ransom Williams probably did too. Williams’ 45-acre farm included 18.5 acres of improved lands under cultivation and 26.5 acres of forested, unimproved land that was used as livestock pasture. Using agricultural census data for the freedmen farmers in nearby Antioch Colony in 1880, we may make an educated guess regarding Williams’ crop production. If he intended for cotton to be his main source of outside income, it is surmised that Williams may have allocated his cultivated land as follows: 10.5 acres of cotton (57 percent) In this scenario, all of Ransom’s cotton was a cash crop (sold in 500-lb bales), and we can speculate that about one half of his corn crop (sold by the bushel) would have been used by the family or as supplemental livestock feed, leaving the other half as a cash crop. The next step was to look at crop productivity per acre, and we used the 1880 agricultural census data for this comparison. We compared the crop productivity for seven average freedmen farmers in Antioch Colony, located about 4 miles from the Williams farm, and for seven average white farmers in the Bear Creek area, including Ransom Williams’ closest neighbors. These two communities were quite similar in terms of the crops and livestock they raised, total farm size and productivity, and total land and produce value. The level of |
production on the Williams farmstead would certainly have varied from year to year, with drought years being the least productive. However, using the average productivity data for Williams’ farming neighbors in 1880 does provide a reasonable proxy for what Williams was doing on his farm in the 1880s and 1890s. The 1880 crop yields per acre for the Antioch Colony and Bear Creek farmers were as follows: COTTON: Average yield was 0.3 bales/acre for both Antioch Colony and Bear Creek We then calculated the productivity of cotton and corn on the Williams farmstead as follows: COTTON: 10.5 acres x 0.3 bales/acre = 3.15 bales produced We then used the 1890–1891 Texas Agricultural Bureau report to calculate crop prices as follows: CORN: The final step in this exercise was estimating the total sales price for all the cotton and surplus corn that Ransom Williams produced annually. Although we do not know the exact place(s) where Ransom would have sold his cotton and corn in the 1880s and 1890s, he undoubtedly would have sold it locally in Travis or Hays Counties. Living so close to the county line, Ransom probably had equal access to markets in both counties, and he would likely have sold his produce wherever he could get the highest price in any given year. The estimated total amount of income from Ransom Williams’ cash crops is as follows: COTTON: Sale of 3.15 bales of cotton at $43.83 to $50.04 per bale = $138.06 to $157.26 This mathematical exercise leads us to the following conclusion: If the Williams farmstead operation was similar to that of his fellow freedmen in Antioch Colony and his white neighbors in the Bear Creek area, Ransom Williams could have made between $155.20 and $200.18 annually from the production and sale of cash crops in a good year. We can imagine that as much as one-half to three-quarters of this annual income was spent on consumable goods (such as food, medicine, tobacco, ammunition), durable goods (cloth and buttons for making work clothes, farm tools, equipment and parts), and other necessities. The remaining money, which could be as little as $38.80 and as much as $100.09, was discretionary money. The calculations above do not take into account any additional forms of income from outside works or odd jobs performed by Ransom, Sarah, or any of the children. Ransom may have used his wagon to deliver water to his neighbors, worked as a farrier, or made some extra cash repairing firearms. Sarah could have brought in some cash as a seamstress, doing small sewing jobs for neighbors or friends at church. During the cotton or corn harvest, any of the family members could have hired on to help local farmers bring in their crops. The discretionary money represents the net profit that Ransom and Sarah Williams made from their successful farming operation after subtracting their operating expenses and essential purchases. This extra money, perhaps as much as $100 in a good farming year, represented a significant amount of buying power in the late nineteenth century. For Ransom and Sarah Williams, it represented the ability to purchase a few luxuries for themselves and their children, and a chance for them to participate in the great American dream. |